Some of major players in atomic spectroscopy market include Agilent Technologies (U.S.), PerkinElmer (U.S.), Thermo Fisher Scientific (U.S.), and Bruker Corporation (U.S.). Key factors expected to spur growth of atomic spectroscopy market are increased investments, funding, & grants by government bodies worldwide. Ongoing new product launches; technological advancements; increase in number of conferences, which helps to create awareness of techniques; and growing concerns for food and drug safety.
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The atomic spectroscopy market is poised to reach USD 5.60 Billion by 2020, growing at a CAGR of 6.0% during the forecast period of 2015 to 2020. Report segments atomic spectroscopy market based on technology and applications.
However, ICP-MS expected to grow at highest CAGR due to higher throughput as compared to GFAAS, high linear dynamic range, superior detection capability than ICP-OES, and the ability to obtain isotopic information.
2 Market Share Analysis
3 Thermo Fisher Scientific, Inc.
4 Agilent Technologies, Inc.
5 Perkinelmer, Inc.
6 Competitive Situation and Trends
7 New Product Launches
10 Mergers & Acquisitions
11 Agreements, Partnerships, Collaborations, and Alliances
Growth of atomic spectroscopy market can be contributed to rising investments, funds, and grants by government bodies worldwide and technological advancements. These advancements have led to a growth in number of atomic spectroscopy applications.
Some of applications using atomic spectroscopy are drug discovery and development, metabolomics, and diagnostics.
Global atomic spectroscopy market witnesses high competitive intensity as there are many big and small firms with similar product offerings. These companies adopt various strategies (collaborations, acquisitions, new product launches and geographic expansions) to increase their market shares and to establish a strong foothold in the global market.
Atomic spectroscopy Market, by Application
- Pharmaceuticals & Biotechnology
- Industrial Chemistry
- Environmental Testing
- Food & Beverage Testing
Atomic Spectroscopy Market, By Technology
- Atomic Absorption Spectroscopy (Aas)
- X-Ray Fluorescence (Xrf)
- X-Ray Diffraction (Xrd)
- Inductively Coupled Plasma-Optical Emission Spectroscopy (Icp-Oes)
- Inductively Coupled Plasma–Mass Spectrometry (ICP-MS)
- Elemental Analyzers
The global atomic spectroscopy market segmented on basis of technology, application, and region. By technology, market comprises X-Ray Fluorescence Spectroscopy, Atomic Absorption Spectroscopy, X-Ray Diffraction Spectroscopy, Inductively Coupled Plasma Spectroscopy, Inductively Coupled Plasma-Mass Spectroscopy, Elemental Analyzers, and others.